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Ghana@50 probe: I use my personal fortune-Wereko Brobby
Audrey Micah, Ghanadot

Accra, Oct 14, Ghanadot - Dr. Charles Wereko-Brobby, Chief Executive Officer of the defunct Ghana@50 Secretariat, yesterday had his day with the commission probing the activities of the secretariat and made it official that he had used his personal fortune of GH¢200,000 (¢2 Billion) to pre-finance aspects of the Golden Jubilee celebration.

According to him, contrary to public perception, the country raked in about GH¢36 million profit from the Ghana@50 celebration and the African Union (AU) Summit, concluding that the jubilee celebration had been a huge success for which the government and the people of Ghana needed to commend him and his staff for a good job done.

He told the commission that apart from his personal money, he also raised an overdraft from Prudential Bank which was expended on projects and explained that he had to take those steps because of the delay in the release of money for the celebration.


At the end, he said, it took him several months to reclaim his money which was paid to him without interest.

Dr. Wereko-Brobby said the National Planning Committee (NPC), which was assisted by the Ghana@50 Secretariat to execute the programmes for the celebration, approved a budget of $75 million for it.

 

He said although there had been an approved budget for the celebration, the government did not provide any money at the beginning of the operations of the secretariat's business to execute the programmes and plans for the celebration.

He revealed that the first tranche of the approved money was released in November 2006, while the second was in January 2007. He said his outfit spent less than 60 per cent of the budget approved by the NPC but chalked up successes in the implementation of almost all the programmes outlined for the celebration, adding that African Heads of State who had attended the AU Summit had been full of praise for its organisation.

To him, the model and concept behind the AU Village was admired by the Heads of State, four of whom he said had since made approaches to replicate the model.

 

Dr Wereko-Brobby had been subpoena by the commission to help find out where he had got the money for the celebration, the amount expended and how it was utilized.

 

He explained that the idea of the celebration was to enable everybody in the country to experience and have a feel of it for the sake of posterity.

Explaining further, he said the budget had been mentioned in Parliament by the late former Minister of Finance and Economic Planning, Mr Kwadwo Baah-Wiredu, during which he said the secretariat, was to spend a minimum of $20 million.

He said some people, particularly the media, took the statement out of context by ommitting the word “minimum” to make an issue out of the expenditure of the secretariat and lto create the impression that he had exceeded the budget or misapplied the money.

According to him, the delay in the release of the money for the celebration was likely to cause the country an embarrassment so he devised strategies to avert that. He said it was at that instance that he decided to use his own money and raise more from the bank to discharge the work given to him.

He said one of the strategies was to first and foremost start the projects by using his own money to the tune of GH¢200,000 and later raise the rest from Prudential Bank.

 

Ghanadot

 

Ghana@50 probe: I use my personal fortune-Wereko Brobby

Accra, Oct 14, Ghanadot - Dr. Charles Wereko-Brobby, Chief Executive Officer of the defunct Ghana@50 Secretariat, yesterday had his day with the commission probing the activities of the secretariat and made it official that he had used his personal fortune of GH¢200,000 ...
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